Research & Publications Office to host seminar on ‘War and Transnational Reshoring’ on 10 January
The talk will be delivered by Prof. Anindya S. Chakrabarti, IIM Ahmedabad
8 January, 2025, Bengaluru: The Office of Research and Publications (R&P) at IIM Bangalore will host a research seminar on, ‘War and Transnational Reshoring’, to be led by Prof. Anindya S. Chakrabarti, IIM Ahmedabad (Economics area), at 3 pm on 10 January 2025, at Classroom P-12.
Abstract: Wars disrupt trade flows of the countries who are directly engaged in the war. But do they also affect the trade patterns of a third country which is not a party to the war? The research shows that it happens. Following the start of the Russia-Ukraine war in February 2022 and the resulting sanctions issued by the EU and US, Russia redirected its demand for certain products such as leather to India, which was not directly exposed to the war and the sanction(s). Utilizing monthly firm-destination level information, the research shows that in response to this demand shock, Indian firms reshored – or redirected, their sales of leather goods from relatively less important export destinations such as Oceania, South-east Asia, Africa, Caribbean to Russia while keeping the major destinations – primarily Europe and the US – undisturbed. Export of leather goods from India to Russia went up by 180% – due to both quantity and price rise. The bulk of this change is driven by the incumbent exporters, and air route more than the sea route. The research paper presents evidence that war not only affects trade patterns of the countries affected, but also of a third country.
Speaker Profile: Dr. Anindya S. Chakrabarti is an Associate Professor in the Economics area at Indian Institute of Management Ahmedabad. He earned his PhD in Economics from Boston University. He has published in journals such as the Research Policy, Journal of Economic Dynamics and Control, Journal of Environmental Economics and Management, Health Economics, Journal of Economic Behavior & Organization, Quantitative Finance, Review of Development Economics and Scientific Reports, among others. His main research interests are in economic and financial networks, business cycles, empirical industrial organization, and complex systems. He is currently serving as a Co-chairperson of the Brij Disa Centre for Data Science and Artificial Intelligence, and he is currently the UTI Chair Professor in Macroeconomics at IIM Ahmedabad. He has earlier served as the Co-chair of the ePGD programme in Advanced Business Analytics at IIMA.
He has written a book titled, ‘Data Science for Complex Systems’ to be published by Cambridge University Press. He is Co-editor of the book, ‘Covid-19 & Grand Challenges for Global Health, Innovation, and Economy’, along with Chirantan Chatterjee and Anil Deolalikar published by the World Scientific Press. He has earlier co-edited a book titled, ‘Network Theory and Agent-Based Modeling in Economics and Finance’ published by Springer, Singapore.
Webpage Link: https://sites.google.com/site/homepageasc/home
Research & Publications Office to host seminar on ‘War and Transnational Reshoring’ on 10 January
The talk will be delivered by Prof. Anindya S. Chakrabarti, IIM Ahmedabad
8 January, 2025, Bengaluru: The Office of Research and Publications (R&P) at IIM Bangalore will host a research seminar on, ‘War and Transnational Reshoring’, to be led by Prof. Anindya S. Chakrabarti, IIM Ahmedabad (Economics area), at 3 pm on 10 January 2025, at Classroom P-12.
Abstract: Wars disrupt trade flows of the countries who are directly engaged in the war. But do they also affect the trade patterns of a third country which is not a party to the war? The research shows that it happens. Following the start of the Russia-Ukraine war in February 2022 and the resulting sanctions issued by the EU and US, Russia redirected its demand for certain products such as leather to India, which was not directly exposed to the war and the sanction(s). Utilizing monthly firm-destination level information, the research shows that in response to this demand shock, Indian firms reshored – or redirected, their sales of leather goods from relatively less important export destinations such as Oceania, South-east Asia, Africa, Caribbean to Russia while keeping the major destinations – primarily Europe and the US – undisturbed. Export of leather goods from India to Russia went up by 180% – due to both quantity and price rise. The bulk of this change is driven by the incumbent exporters, and air route more than the sea route. The research paper presents evidence that war not only affects trade patterns of the countries affected, but also of a third country.
Speaker Profile: Dr. Anindya S. Chakrabarti is an Associate Professor in the Economics area at Indian Institute of Management Ahmedabad. He earned his PhD in Economics from Boston University. He has published in journals such as the Research Policy, Journal of Economic Dynamics and Control, Journal of Environmental Economics and Management, Health Economics, Journal of Economic Behavior & Organization, Quantitative Finance, Review of Development Economics and Scientific Reports, among others. His main research interests are in economic and financial networks, business cycles, empirical industrial organization, and complex systems. He is currently serving as a Co-chairperson of the Brij Disa Centre for Data Science and Artificial Intelligence, and he is currently the UTI Chair Professor in Macroeconomics at IIM Ahmedabad. He has earlier served as the Co-chair of the ePGD programme in Advanced Business Analytics at IIMA.
He has written a book titled, ‘Data Science for Complex Systems’ to be published by Cambridge University Press. He is Co-editor of the book, ‘Covid-19 & Grand Challenges for Global Health, Innovation, and Economy’, along with Chirantan Chatterjee and Anil Deolalikar published by the World Scientific Press. He has earlier co-edited a book titled, ‘Network Theory and Agent-Based Modeling in Economics and Finance’ published by Springer, Singapore.
Webpage Link: https://sites.google.com/site/homepageasc/home